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Foreign Firms, Investment, and Environmental Regulation in the People's Republic of China

Author: Phillip Stalley

Publisher: Stanford University Press

Published: 2010-09-01

Total Pages: 406

ISBN-13: 0804775141

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This new book takes as its focus a simple yet critical question: Does foreign direct investment lead to weakened environmental regulation, thereby turning developing countries into "pollution havens"? The debate over this question has never before been the focus of a book about China. Phillip Stalley examines the development of Chinese law governing the environmental impact of foreign investors, describes how regional competition for investment has influenced environmental regulation, and analyzes the environmental practices of foreign and Chinese companies. He finds only modest evidence that integration with the global economy has transformed China into a pollution haven. Indeed, after China opened its domestic market, the entry of foreign films largely strengthened the environmental protection regime, including the oversight of foreign firms' environmental practices. Nevertheless, foreign firms (and the competition to lure them) have posed new challenges to controlling industrial pollution. Stalley identifies the conditions under which foreign investment contributes to and undermines environmental protection, offering readers a solid understanding of China's environmental challenges. He also builds on existing theory and provides hypotheses that can be tested with other developing nations.

Book Synopsis Foreign Firms, Investment, and Environmental Regulation in the People's Republic of China by : Phillip Stalley

Download or read book Foreign Firms, Investment, and Environmental Regulation in the People's Republic of China written by Phillip Stalley and published by Stanford University Press. This book was released on 2010-09-01 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book takes as its focus a simple yet critical question: Does foreign direct investment lead to weakened environmental regulation, thereby turning developing countries into "pollution havens"? The debate over this question has never before been the focus of a book about China. Phillip Stalley examines the development of Chinese law governing the environmental impact of foreign investors, describes how regional competition for investment has influenced environmental regulation, and analyzes the environmental practices of foreign and Chinese companies. He finds only modest evidence that integration with the global economy has transformed China into a pollution haven. Indeed, after China opened its domestic market, the entry of foreign films largely strengthened the environmental protection regime, including the oversight of foreign firms' environmental practices. Nevertheless, foreign firms (and the competition to lure them) have posed new challenges to controlling industrial pollution. Stalley identifies the conditions under which foreign investment contributes to and undermines environmental protection, offering readers a solid understanding of China's environmental challenges. He also builds on existing theory and provides hypotheses that can be tested with other developing nations.

The Role of China in Global Dirty Industry Migration

Author: Haitian Lu

Publisher: Elsevier

Published: 2008-03-31

Total Pages: 400

ISBN-13: 1780632363

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The first book to comprehensively analyze the regulation of dirty industry migration - a global issue that has complex economic, environmental and social implications. The book examines the mechanisms of regulation of dirty industry migration under internal trade, investment, environment and human rights laws. Other than international law, the host and home country regulation of dirty industry migration in the context of domestic laws and policies are examined. Finally, this book critically evaluates the voluntary codes relating to corporate environmental citizenship and social responsibility which bear implications on the regulation of dirty industry migration. Based on detailed and up-to-date research

Book Synopsis The Role of China in Global Dirty Industry Migration by : Haitian Lu

Download or read book The Role of China in Global Dirty Industry Migration written by Haitian Lu and published by Elsevier. This book was released on 2008-03-31 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to comprehensively analyze the regulation of dirty industry migration - a global issue that has complex economic, environmental and social implications. The book examines the mechanisms of regulation of dirty industry migration under internal trade, investment, environment and human rights laws. Other than international law, the host and home country regulation of dirty industry migration in the context of domestic laws and policies are examined. Finally, this book critically evaluates the voluntary codes relating to corporate environmental citizenship and social responsibility which bear implications on the regulation of dirty industry migration. Based on detailed and up-to-date research

Greening China

Author: Ka Zeng

Publisher: University of Michigan Press

Published: 2011-08-10

Total Pages: 250

ISBN-13: 0472117688

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Trade and foreign direct investment can have a positive effect on the environment

Book Synopsis Greening China by : Ka Zeng

Download or read book Greening China written by Ka Zeng and published by University of Michigan Press. This book was released on 2011-08-10 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade and foreign direct investment can have a positive effect on the environment

Strategic Environmental Regulation and Inbound Foreign Direct Investment in the People's Republic of China

Author: Bihong Huang

Publisher:

Published: 2020

Total Pages:

ISBN-13:

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Using a new dataset on foreign direct investment (FDI) and a comprehensive measurement of environmental policy stringency and enforcement, this paper studies the spatial distribution of inbound FDI in manufacturing sectors by accounting for strategically determined environmental policies across Chinese cities over the period 2003-2014. In particular, we investigate how the stringency of environmental regulation affects the FDI inflow of a city and its neighbors. We find strong evidence that the pollution haven hypothesis applies to the People's Republic of China based on both spatial lag of X and two-stage least-squares estimates. In particular, the laxity of a city's own environmental regulation is positively associated with its inbound FDI. We further investigate the investment deflection effect and find that the laxity of neighboring environmental regulation is negatively related to the FDI inflows to a city.

Book Synopsis Strategic Environmental Regulation and Inbound Foreign Direct Investment in the People's Republic of China by : Bihong Huang

Download or read book Strategic Environmental Regulation and Inbound Foreign Direct Investment in the People's Republic of China written by Bihong Huang and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a new dataset on foreign direct investment (FDI) and a comprehensive measurement of environmental policy stringency and enforcement, this paper studies the spatial distribution of inbound FDI in manufacturing sectors by accounting for strategically determined environmental policies across Chinese cities over the period 2003-2014. In particular, we investigate how the stringency of environmental regulation affects the FDI inflow of a city and its neighbors. We find strong evidence that the pollution haven hypothesis applies to the People's Republic of China based on both spatial lag of X and two-stage least-squares estimates. In particular, the laxity of a city's own environmental regulation is positively associated with its inbound FDI. We further investigate the investment deflection effect and find that the laxity of neighboring environmental regulation is negatively related to the FDI inflows to a city.

Are Foreign Investors Attracted to Weak Environmental Regulations?

Author: Judith Myrle Dean

Publisher: World Bank Publications

Published: 2005

Total Pages: 49

ISBN-13:

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Results from 2,886 manufacturing joint venture projects from 1993--96 show that EJVs from all source countries go into provinces with high concentrations of foreign investment, relatively abundant stocks of skilled workers, concentrations of potential local suppliers, special incentives, and less state ownership. Environmental stringency does affect location choice, but not as expected. Low environmental levies are a significant attraction only for joint ventures in highly-polluting industries with partners from Hong Kong, Macao, and Taiwan (China). In contrast, joint ventures with partners from OECD sources are not attracted by low environmental levies, regardless of the pollution intensity of the industry. The authors discuss the likely role of technological differences in explaining these results"--Abstract.

Book Synopsis Are Foreign Investors Attracted to Weak Environmental Regulations? by : Judith Myrle Dean

Download or read book Are Foreign Investors Attracted to Weak Environmental Regulations? written by Judith Myrle Dean and published by World Bank Publications. This book was released on 2005 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: Results from 2,886 manufacturing joint venture projects from 1993--96 show that EJVs from all source countries go into provinces with high concentrations of foreign investment, relatively abundant stocks of skilled workers, concentrations of potential local suppliers, special incentives, and less state ownership. Environmental stringency does affect location choice, but not as expected. Low environmental levies are a significant attraction only for joint ventures in highly-polluting industries with partners from Hong Kong, Macao, and Taiwan (China). In contrast, joint ventures with partners from OECD sources are not attracted by low environmental levies, regardless of the pollution intensity of the industry. The authors discuss the likely role of technological differences in explaining these results"--Abstract.

Investment in Greater China

Author: Kluwer Law International (Firm)

Publisher: Kluwer Law International B.V.

Published: 2003-01-01

Total Pages: 662

ISBN-13: 904112425X

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Investment in Greater China provides extensive and up-to-date information on the concepts governing foreign investments in China, Hong Kong and Taiwan. The book, written by hands-on experts in a pragmatic style, explores the full spectrum of Greater China?s investment laws and practices including: legal system; land tenure; investment structure; business regulation; taxation; import and export controls; exchange control; regulation of local finance; labour and nationality law; intellectual property; movement of goods; insurance and disputes settlement. Features of this book include comprehensive coverage and sectional user-friendly index to ensure speedy location of information. Investors, legal and tax practitioners, corporate advisers, management consultants and business professionals who need to participate effectively in the Greater China?s investment environment will benefit from Investment in Greater China. This title forms part of the Asia Business Law Series. The Asia Business Law Series is published in cooperation with CCH Asia and provides updated and reliable practical guidelines, legislation and case law, in order to help practitioners, policy makers and scholars understand how business is conducted in the rapidly growing Asian market. This book was originally published by CCH Asia as the loose-leaf Investment in Greater China

Book Synopsis Investment in Greater China by : Kluwer Law International (Firm)

Download or read book Investment in Greater China written by Kluwer Law International (Firm) and published by Kluwer Law International B.V.. This book was released on 2003-01-01 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in Greater China provides extensive and up-to-date information on the concepts governing foreign investments in China, Hong Kong and Taiwan. The book, written by hands-on experts in a pragmatic style, explores the full spectrum of Greater China?s investment laws and practices including: legal system; land tenure; investment structure; business regulation; taxation; import and export controls; exchange control; regulation of local finance; labour and nationality law; intellectual property; movement of goods; insurance and disputes settlement. Features of this book include comprehensive coverage and sectional user-friendly index to ensure speedy location of information. Investors, legal and tax practitioners, corporate advisers, management consultants and business professionals who need to participate effectively in the Greater China?s investment environment will benefit from Investment in Greater China. This title forms part of the Asia Business Law Series. The Asia Business Law Series is published in cooperation with CCH Asia and provides updated and reliable practical guidelines, legislation and case law, in order to help practitioners, policy makers and scholars understand how business is conducted in the rapidly growing Asian market. This book was originally published by CCH Asia as the loose-leaf Investment in Greater China

The People's Republic of China

Author: China

Publisher:

Published: 1986

Total Pages: 236

ISBN-13:

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Book Synopsis The People's Republic of China by : China

Download or read book The People's Republic of China written by China and published by . This book was released on 1986 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Company Law and Foreign Investment Enterprises in the People's Republic of China

Author: Vivienne Bath

Publisher:

Published: 2009

Total Pages: 0

ISBN-13:

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Chinese law relating to companies and corporate regulation has developed significantly since Chinese-foreign joint ventures were first permitted in 1979. For foreign investors, however, changes and improvements in the Company Law regime, have not necessarily improved their position. Despite moves by the State Council in 2004 to simplify the approval regime (now a 'verification' regime) for investment, foreign investors are still tied to the traditional forms of foreign investment entity. The intention of Chinese regulators is clearly to maintain the traditional differentiation between Chinese companies and foreign investment enterprises even though many of the advantages accorded to foreign investment enterprises have been eroded over time. This article examines moves by Chinese authorities to bring foreign investment enterprises more comprehensively within the regulatory scope of the Chinese Company Law by such measures as requiring them to appoint supervisors and the question whether these constitute a real move towards convergence of fully Chinese companies and foreign investment enterprises.

Book Synopsis The Company Law and Foreign Investment Enterprises in the People's Republic of China by : Vivienne Bath

Download or read book The Company Law and Foreign Investment Enterprises in the People's Republic of China written by Vivienne Bath and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chinese law relating to companies and corporate regulation has developed significantly since Chinese-foreign joint ventures were first permitted in 1979. For foreign investors, however, changes and improvements in the Company Law regime, have not necessarily improved their position. Despite moves by the State Council in 2004 to simplify the approval regime (now a 'verification' regime) for investment, foreign investors are still tied to the traditional forms of foreign investment entity. The intention of Chinese regulators is clearly to maintain the traditional differentiation between Chinese companies and foreign investment enterprises even though many of the advantages accorded to foreign investment enterprises have been eroded over time. This article examines moves by Chinese authorities to bring foreign investment enterprises more comprehensively within the regulatory scope of the Chinese Company Law by such measures as requiring them to appoint supervisors and the question whether these constitute a real move towards convergence of fully Chinese companies and foreign investment enterprises.

Foreign Trade, Investment, and the Law in the People's Republic of China

Author: Michael J. Moser

Publisher: Oxford University Press, USA

Published: 1987

Total Pages: 624

ISBN-13:

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Since the adoption of an 'open-door' economic policy in 1978, foreign trade with the People's Republic of China has increased dramatically. At the same time, 'new' forms of economic activity, such as compensation trade, licensing, co-operative production and equity joint ventures have becomepossible for the first time. In order to regulate the nation's expanded and increasingly complex business activity, the Chinese government has, during the past few years, promulgated scores of new laws relating to business transactions involving foreigners; many others are now being drafted. This book, now extensively revised and updated in a second edition, provides an introduction to the legal framework currently being developed in China with respect to foreign commerical and investment activity. The eighteen chapters in the volume, each written by a lawyer with practical experience in China trade, deal with such matters as customs regulations, taxation, representative offices, leasing, the transfer of technology, foreign investment, contracts, banking, dispute settlement, the framework oflaw in the special investment zones and in offshore oil production, China's environmental law and patent law, trade marks, sovereign immunity and the foreign regulation of trade with China. In addition, the book includes a valuable appendix containing a list of China's most important foreigneconomic legislation.

Book Synopsis Foreign Trade, Investment, and the Law in the People's Republic of China by : Michael J. Moser

Download or read book Foreign Trade, Investment, and the Law in the People's Republic of China written by Michael J. Moser and published by Oxford University Press, USA. This book was released on 1987 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the adoption of an 'open-door' economic policy in 1978, foreign trade with the People's Republic of China has increased dramatically. At the same time, 'new' forms of economic activity, such as compensation trade, licensing, co-operative production and equity joint ventures have becomepossible for the first time. In order to regulate the nation's expanded and increasingly complex business activity, the Chinese government has, during the past few years, promulgated scores of new laws relating to business transactions involving foreigners; many others are now being drafted. This book, now extensively revised and updated in a second edition, provides an introduction to the legal framework currently being developed in China with respect to foreign commerical and investment activity. The eighteen chapters in the volume, each written by a lawyer with practical experience in China trade, deal with such matters as customs regulations, taxation, representative offices, leasing, the transfer of technology, foreign investment, contracts, banking, dispute settlement, the framework oflaw in the special investment zones and in offshore oil production, China's environmental law and patent law, trade marks, sovereign immunity and the foreign regulation of trade with China. In addition, the book includes a valuable appendix containing a list of China's most important foreigneconomic legislation.